Professors Harry Markowitz and William Sharpe Received Their Nobel Prize

question 41

Multiple Choice

Professors Harry Markowitz and William Sharpe received their Nobel prize in economics for their contributions to the

• A) options pricing model.
• B) theories of working capital management.
• C) theories of risk-return and portfolio theory.
• D) theories of international capital budgeting.

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Definitions:

Statute of Limitations

Legislation stipulating the longest period following an occurrence in which legal action can be started.

Legal Claim

is a right to seek a remedy or relief in a legal action due to the infringement of one's legal rights.

Forbearance to Sue

An agreement between a creditor and a debtor in which the creditor agrees not to sue the debtor for a specified period of time.

Statute of Limitations

A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.